(a) whether it is a fact that Coal India Limited’s stock now stand at 55.3 million tonnes against 57.7 million tonnes that it opened the year with;
(b) if so, the details thereof;
(c) whether the CIL has been able to liquidate the stock through e-auctions;
(d) if so, the total quantity of coal liquidated through e-auction during 2015-16; and
(e) the quantity of coal earmarked for e-auction for the year 2016-17?
MINISTER OF STATE (INDEPENDENT CHARGE) FOR COAL, POWER, NEW & RENEWABLE ENERGY AND MINES
(SHRI PIYUSH GOYAL)
(a)&(b): As on 01/11/2016, Coal India Limited’s stock stands at 39.24 MT against 57.64 MT on 01/04/2016.
(c)&(d): CIL was able to liquidate the stock through e-auctions and other commitments. The total quantity of coal dispatched through e-auctions during 2015-16 was 68.45 MT.
(e): Under regular E-auction windows viz. Spot & Forward E-auctions, CIL intends to dispatch around 60 MT of coal, which is about 10% of its production in the fiscal year 2016-17.
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